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China Print Power Group Ltd announces completion of placing


Tuesday, 28 Jan 2014 05:13am EST 

China Print Power Group Ltd:Says that the conditions precedent set out in the Placing Agreement have been fulfilled and the completion of the Placing took place on Jan. 28.Says whereby a total of 40,018,000 Placing Shares representing approximately 16.07% of the issued share capital of the company have been placed, pursuant to the terms and conditions of the Placing Agreement, by the Placing Agent to not fewer than six Placees.Says at the Placing Price of HK$2.60 per Placing Share.Says the aggregate gross and net proceeds from the Placing are approximately HK$104,046,800 and approximately HK$101,650,000, respectively. 

Company Quote

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24 Dec 2014